Lithuanian economy grew by 0.4 percent on quarter in the three months to June 2021, easing sharply from an upwardly revised 2.2 percent expansion in the previous period, the preliminary estimate showed. Positive contributions came from manufacturing, construction, wholesale and retail trade. On a yearly basis, the GDP advanced 6.9 percent, the most since the third quarter 2011, following a 1.2 percent growth in the first quarter. source: Statistics Lithuania
GDP Growth Rate in Lithuania averaged 1.01 percent from 1995 until 2021, reaching an all time high of 6.10 percent in the third quarter of 2020 and a record low of -12.70 percent in the first quarter of 2009. This page provides - Lithuania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.
GDP Growth Rate in Lithuania is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lithuania GDP Growth Rate is projected to trend around 1.10 percent in 2022 and 1.00 percent in 2023, according to our econometric models.